25
February 2016 a meeting of the Board of Directors of IDGC of Centre,
PJSC was held. The meeting approved the adjusted Investment Program
of the Company for 2016-2021. The main reasons of the adjustment of
the Investment Program of IDGC of Centre for 2016-2021 are: the
actual results of the Company’s Investment Program implementation
in 2015, updating the Company’s obligations on grid connection of
customers and taking into account the updated forecast of
socio-economic development of the Russian Federation.
The indicators of the Company’s adjusted Investment program for
2016-2021:
Planned period:
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
Capital investment, mln RUB VAT exclusive
|
Approved plan*
|
13 387
|
13 941
|
14 697
|
15 187
|
16 057
|
|
Adjusted plan
|
13 244
|
13 941
|
14 699
|
15 190
|
16 061
|
16 658
|
Financing,
mln RUB VAT inclusive
|
Approved plan*
|
16 194
|
16 418
|
17 375
|
17 911
|
18 968
|
|
Adjusted plan
|
14 294
|
16 418
|
17 375
|
17 911
|
18 968
|
19 606
|
Commissioning of Fixed Assets,
mln RUB VAT exclusive
|
Approved plan*
|
13 694
|
14 199
|
14 932
|
15 593
|
16 043
|
|
Adjusted plan
|
13 623
|
14 365
|
15 107
|
14 936
|
16 221
|
17 254
|
Commissioning of capacity
|
MVA
|
Approved plan*
|
803
|
739
|
854
|
1 049
|
573
|
|
Adjusted plan
|
834
|
851
|
923
|
763
|
608
|
352
|
km
|
Approved plan*
|
4 200
|
4 394
|
4 773
|
4 438
|
5 819
|
|
Adjusted plan
|
3 550
|
4 222
|
4 425
|
4 308
|
5 160
|
4 821
|
* The Investment Program of IDGC of Centre for 2016-2020 was
approved by the Company’s Board of Directors (Minutes # 05/15 of
13.03.2015) and approved by Order of the Ministry of Energy of Russia
dated 14.12.2015 ą 951
The funding of the Company’s adjusted Investment Program for
2016-2021 at the expense of the Company’s own funds will amount to
90%, - (including 65% - depreciation). The Investment Program
financing through borrowing will be 10%.
More than 56% of the financing of capital investments is planned
to be spent on modernization and reconstruction, the remaining 44% on
new construction and expansion.
Priority projects as part of the Company’s Investment Program
for 2016-2021 are as follows:
- reconstruction of the 110/10 kV Substation "South" to
restore life of fixed production assets and liquidation of power
shortage;
- reconstruction of the 110 kV Substation "Korocha" with
relocation of the substation to a new site to restore life of fixed
production assets and expand the electricity distribution market;
- construction of the 110 kV Conductor Frunze - Malinovka - Red
Yaruga to improve the reliability of power supply;
- reconstruction of the 110 kV Conductor "Mtsensk-Chern",
"Mtsensk-Plavsk" to ensure the specified level of
reliability and increase transmission capacity of the lines.
Implementation of the Investment Program will allow IDGC of Centre
to fulfill its commitments to improve the quality and reliability of
electricity supply in the framework of the Strategy of development of
electric grid facilities of the Russian Federation.
Other Company’s IR news can be found at:
https://www.mrsk-1.ru/en/investors/presentations/ir_news/
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